onsemi (ON) Reports In-Line Q2 EPS, Beats on Revenue; Offers Q3 Guidance
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
ON Semiconductor (ON) PT Raised to $58 at Needham
August 4, 2025 3:37 PM EDTNeedham analyst Rajvindra Gill raised the price target on ON Semiconductor (NASDAQ: ON) to $58.00 (from $50.00) while maintaining a Buy rating.
The analyst commented, "Onsemi posted solid results and provided guidance ahead of the Street. We believe the company is on the cusp of a... More
Stifel Reiterates Hold Rating on ON Semiconductor (ON)
August 4, 2025 2:23 PM EDTStifel analyst Tore Svanberg reiterated a Hold rating and $50.00 price target on ON Semiconductor (NASDAQ: ON).
The analyst comments "2Q25 revenue of $1.47bn (+1.6% q/q, -15.4% y/y), +1.3% higher than our $1.45bn estimate, with management pointing towards continued signs of early stabilization, in... More
Goldman Sachs Reiterates Neutral Rating on ON Semiconductor (ON)
August 4, 2025 12:28 PM EDTGoldman Sachs analyst James Schneider reiterated a Neutral rating and $60.00 price target on ON Semiconductor (NASDAQ: ON).
The analyst comments "Key stock takeaways: We expect the stock to trade up modestly lower following a quarter where revenue and EPS was in line... More
